The post Ripple (XRP) Price at Critical Crossroads: Analyst Says What It Takes to Rally to $2.5 appeared on BitcoinEthereumNews.com.

Cryptocurrency analysis company MakroVision has published its latest technical analysis on Ripple (XRP). The analysis states that XRP has entered a technical stabilization process, while the general downtrend is still ongoing. According to MakroVision, the XRP price is at a critical stage. The failure of the price to permanently break through the resistance zone in the $2.20-$2.30 range limits bullish scenarios at this stage. According to the analytics company: For XRP, the $2.19–$2.23 range is forming a strong resistance cluster along with the 0.382 Fibonacci level ($2.30). A break above this level could allow the price to gain new bullish momentum towards the $2.50 level. The $1.90-$2.00 range stands out as the support zone for XRP in the short term. A sustained drop below this level could drag the price back to the recent lows. MakroVision states that XRP is currently in a critical decision phase. It is stated that a breakout above $2.30 could trigger a trend change, but a possible pullback below $1.90 would reinforce the downtrend. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/ripple-xrp-price-at-critical-crossroads-analyst-says-what-it-takes-to-rally-to-2-5/

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Filed under: News - @ April 13, 2025 11:20 am